Good morning! go Grab yourself a full breakfast! There isn’t major trading News events on the European side for a good while! Go relax and take a small break, YOU DESERVE IT FOR YOUR HARD WORK!

For right now, let’s cover the Asian Market Session:
For Oceania, New Zealand’s Central Bank has decided to keep interest rates still for right now, and Australia’s trade deficit was well under expectation, and positive, but didn’t move the Aussie Dollar much.

EURO NEWS

When you come back with a full belly and a pot or two of coffee or tea properly drained, We have Monthly Germany Factory Orders around 1000GMT. the magic number to look for is .4%. Also look for the Minimum Bid Rates from the ECB to come out as well. Then shortly after, the European Central Bank will hold a press conference.

ENGLAND NEWS:
And we are still waiting for Halifax Bank to state the house price monthlies, but a bit later on, around 1100GMT We will get a statement on Bank Rates. And to coincide with the Bank Rates, we have the Monetary Policy Committee talk about the status of the economy, and projects an economic forecast.

CURRENT RATES:
EURUSD 1.5446
USDJPY 105.61
EURGBP .7907
AUDUSD .9560
GBPUSD 1.9531
CRUDE OIL 122.05

Have an awesome trading Day! And I will be back in several hours for the US report

TRADE ON!

Follow GoForexTrade.com On Twitter!

Leave a Reply